Voice of Experience: Debra Stabile, Managing Director and the Chief Risk Officer for Citi Retail Services

Debra Stabile

By Cathie Ericson

Don’t be afraid to take risks, especially when you’re young, says Citibank’s Debra Stabile.

“The world is changing so fast that being willing to try new things, even those outside of your comfort zone, is the key to continuing to move forward,” she says, recommending that you stay curious and always open to challenging yourself.

“It is easy to access materials that can help you self-educate on any topics you want to explore, but people also love to talk about their own areas of passion so connect with others whenever you can,” she says.

That, along with being open to candid feedback, can help propel your career. “Asking for feedback is vital – ask at the right time, and seek input from your peers as well as your boss.” For example, she suggests inquiring if there was anything you could have done better in an important meeting. “If they really care about you, they are going to give you constructive feedback to help identify blind spots,” she says. And then, she adds, accept the comments without rationalization and learn from them to always be improving your career.

Building Teams and Solving Problems Keeps Her Engaged

A willingness to try new things underscores a career path that Stabile calls “interesting and fulfilling,” encompassing fields from consulting to government and finance. Each role presented new challenges and insights; she appreciated her experience in consulting firms for the birds-eye view it gave her into a wide variety of companies, and her early experience with the City of New York made her a better citizen as she realized that you really can make a difference even in a city as big as New York. For the past 20 years she has been in financial services, 13 of them at Citi.

Despite all her professional success, she says the achievement she’s most proud of so far is the teams she’s built and the people she’s worked with. “When you look back at what matters, it’s not only about making a difference in your job, but also about enjoying the people you work with every day. I’ve been very fortunate to build and nurture successful teams and launched many of them to bigger roles and seniority in their respective organizations,” she says. In certain fields, she notes, such as being a teacher or doctor, you know you’ve made a difference, but it might not be as obvious in a corporation until you realize the impact you have. “You don’t impact just your employee, but also their families, and if they can come to work and feel respected and successful, you can feel that you’re contributing in a larger role.”

With a background in math and economics, Stabile loves problem solving so she finds it an amazing time to be in the industry, where analytics and quantitative methods have become even more foundational to everything they do in risk management. She says the environment today is a quantum leap from where they’ve been before, with the access to a more granular and diverse set of data — a plethora of information about consumers that enable them to make better decisions in real-time.

Stabile and her team at Citi Retail Services leverage these data sources to develop advanced analytic models and other capabilities to more effectively identify, assess and manage risk for their retail partners and customers.

Women Supporting Women

As more women enter the industry, Stabile hopes that the focus on STEM fields will continue to help make women today more comfortable and eager to take advantage of this vibrant career path. “It’s critical at all levels for women to support each other and share opportunities when they see them – to be inclusive,” she says. “Women are becoming much more proactive in recognizing we need to pull each generation up.”

Stabile has benefited from the Citi Women’s Leadership Development program which is attended by middle and upper management and provides coaching by external career development experts as well as internal senior executives. She has also been fortunate to be part of a supportive women’s network outside of Citi — the MIT Sloan Women of New York. A board member since its inception, she has helped organize a number of women’s events, including the first MIT Sloan Global Women’s Conference which was held in New York last October.

With three daughters, two of whom are engineers and one an economist, there is no doubt Stabile is doing her part to help build the female pipeline. The family loves to travel, especially to areas that have a historical or cultural bent.

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8 Tips to Get Success in Your First Interview

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People waiting for an interview

Guest contributed by Susan Saurel

First round interviews help employers select a smaller pool of most qualified candidates for their open job positions.

For this reason, they’re typically less thorough than the second or third interview rounds. Still, your job of preparing for the first interview isn’t any easier. Your goal is always to make a terrific impression and to perfectly convey why you are the best fit for the job they’re trying to fill. Good, solid preparation is key to success, so here are our tips on how to make sure you always bring your A-game:

1. Do Your Homework. Know Who You Talk to

Not knowing enough about the company you’re interviewing for is one of the biggest mistakes you can make in a job interview. Company research is a critical part of the preparation process.

Start with the company’s website; study their About page, their mission and top executives; get to know their products and services; and read current press releases to stay up to date with what’s going on in the company now. You can also “google” the company, check their blogs, social media, and read reviews from clients, current and former employees to get a feel of “who” the company is and how you can embody a similar personality during the interview.

2. Identify Your Strengths and Weaknesses for this Particular Role

Take time to analyze the job posting, the in-depth position description, the required set of skills, knowledge, professional and personal qualities that the employer considers critical for success at the workplace. Then, do your best to answer the question “Why am I the perfect fit for this job?”. Identify the unique qualities about you, including your expertise, relevant certificates and professional qualifications, as well as specific examples for when you’ve gone above and beyond to solve a problem, or accomplish what no one else has managed to do.

3. Google Yourself

Great resumes and cover letters are at the tip of your fingers with the help of essay writing help. But that’s not enough these days. Employers are also interested in your online personal brand.

Find out ahead what Google says about you, and make sure to manage and optimize your appearance online so it won’t hold you back from that dream job you want. If there’s anything negative about you that you cannot fix, you’ll be able to have a ready response that clarifies employers’ concerns. Try not to get too defensive though, but simply respond and move on to the next question.

4. Prepare Answers to The Most Common Interview Questions

Industry giants like Google, Bain & Co., and Amazon, are known for surprising their applicants with unusual and confusing interview questions. However, most of the other companies will generally stick to their lists of common questions, like the dreading “Can you tell me a little about yourself?”, “What do you consider to be your greatest strength, and weakness?”, and “Why do you think you will be a good fit for this position?”.

Prepare good answers to a list of most likely questions. The “tell me about yourself” part is just a warm-up, so don’t waste your best points on it; just briefly cover your early years, education, work history, and most recent career experience. When you talk about your weaknesses you want to have a positive twist to it. Mention something you struggle with but work on improving, like taking on leadership roles to tackle the fear of public speaking.

5. Write Down a Few Smart Questions to Ask at The End of the Interview

Interviews are two-way conversations. By the end of it you’ll get a chance to ask your own questions, and gain better understanding of the company you’re about to join and your particular role in it. This is a great opportunity to engage in a meaningful conversation and show your interviewer that you care about the position.

Write down two or three thoughtful, open-ended questions, to make sure you end the interview strong and differentiate yourself from the rest of the candidates. Some great examples include:

  • What do you like best about your job and working for this company?
  • How would you describe the work culture at the office?
  • What is the typical career path for someone in this role?
6. Practice Makes It Perfect!

Now that you have your questions and answers ready, it’s time to practice them to perfection. This doesn’t mean learning them by heart, but rather keeping in mind the important bullet points so you can stay calm and not scrambling for an answer while in the hot interview seat.

Do mock interviews with a friend, colleague, or a career coach, and practice speaking clearly and concisely, listing your most relevant skills, experiences and achievements. Answering the question “What can you bring to this position?” will be a lot easier if practiced then when doing it the first time.

7. Dress for Success!

First impression can make or break a business, and your outside appearance is a large portion of it. Prepare a professional looking wardrobe that fits the culture of the organization. For men the dress code is usually pretty straightforward; a suit and a tie is always a sure thing. Women can wear a dress, a skirt and a blouse, or some elegant pants with a shirt. Keep accessories, jewelry and make-up to a minimum. Make sure your outfit is clean and ironed, your hair is tidy, and your shoes are shinning.

When you look your best you also feel your best, and feeling good about yourself helps boost your confidence, which is crucial for nailing an interview.

8. Arrive Ready and On Time, Get Comfortable, and Stay Positive

Prepare extra copies of your resume, samples of previous quality work, a reference list, and some paper and pens to jot down notes. Make sure to always arrive on time, or at least 15 minutes before the interview to allow yourself some time to settle, and possibly observe the dynamics of the workplace you’re about to join.

Practice calming your nerves and getting relaxed before the interview, as this will improve your confidence in the eyes of the hiring manager. Remind yourself that not getting the job is the worst thing that can happen.

Oftentimes the first interview will not be your last interview. After the first round companies will follow up with a second or even a third interview round to get to their best candidate. Stick to these basics, prepare well, and you can be sure that all your interviews are a success.

Disclaimer: The views and opinions of guest contributors are not necessarily those of theglasshammer.com

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6 Important Things New Project Managers Need to Know

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By Andrej Kovacevik

Corporate demand for project managers is growing at a rapid rate of pace.

Talented people will be needed to fill the numerous project management positions that are becoming available; and industry insiders expect to see women stepping up to fill a significant percentage of these roles.

The Association for Project Management reports that female project managers tend to be younger and less experienced than their male counterparts. For the new female executives who are entering the field, we offer this list of 6 important things female project managers need to be aware of:

1. The Scope of Your Projects Might Change

Often, an executive or group of executives from your hiring organization will set parameters for the scope of the project you’ve been selected to manage. In a perfect world, you’d work within the scope of those parameters to complete your project. But according to Elizabeth Harrin at A Girl’s Guide to Project Management, you can’t always count on things to work out so neatly. She points out that most projects evolve through 4 formal versions of scope before their conclusion. Be flexible in your anticipation of this reality.

2. Managing Expectations Is an Essential Part of the Job

Whatever project you’re managing could potentially bring huge changes for a whole bunch of stakeholders in your hiring organization. Does everyone fully understand the implications of what’s coming? Probably not. As the project unfolds, do your best to help your colleagues get a handle on what the new normal is going to look like going forward. Be proactive about making any dramatic transitions as painless as possible for all stakeholders involved. How you handle this can make a massive difference in whether your leadership is perceived as a success or a failure by the end of the project.

3. It’s Crucial to Share Big-Picture Goals With Other Stakeholders

It’s easy for colleagues to succumb to tunnel vision and entirely miss what the main objectives for a project might be. Creating a mindmap can help to explain what’s going on and to get everyone else on board. It’s a big win if you can get all the relevant stakeholders involved in your project to understand the big-picture goals and buy in from the beginning.

If there are people who aren’t buying in, it is helpful to identify them early on and figure out the reasons for their opposition. Perhaps they even have valid reasons that should be addressed. Don’t ignore the naysayers. It’s better to work with them towards a resolution.

Obviously, you’ll first have to understand your project’s big-picture goals in order to communicate them effectively to your team. This shouldn’t be a problem — but for many project managers, it is. You might be surprised to learn that 80 percent of all project managers don’t fully understand the subtleties of how their projects support their hiring organizations’ business strategies, according to capterra.com. So if you don’t have a clear understanding of the primary motivators, you’ll have to do your homework so you can effectively educate both yourself and your team.

4. There’s a Whole Bunch of Jargon You’ll Need to Decipher

If you haven’t already earned a Master of Project Management degree, you might not be thoroughly educated about all the PM terminology that you’ll encounter as you work your way through your projects. Smartsheet.com offers a helpful glossary of project management terms you’ll want to be sure to familiarize yourself with.

5. The Role of Project Manager Is Changing in Ways That Favor Women’s Skills

According to experts at the international association of project managers, the vocation has evolved significantly over the course of the last several decades. They explain that, 20 years ago, the job of project manager was perceived as macho. Currently, in contrast, emotional intelligence is one of the foremost qualifications that top executives seek in a project manager. Today’s project managers need to excel in diplomacy, resourcefulness and creativity — a skillset that comes as naturally to women as it does to men. The pressure to be macho is now out of the picture. And, accordingly, the numbers of female project managers has been growing and is expected to grow more in the future.

6. You’ll Need to Cultivate a Professional Network

Elise Stevens, writing on behalf of the Project Manager website, explains that women will find better opportunities in the long term if they establish and nurture their own professional networks. In her opinion, one main advantage of networking is having the opportunity to better understand what leaders desire in managers and project leaders. Her network has also opened up new opportunities that would not have become available to her otherwise.

As a management professional, you cannot expect to succeed if you’re isolated on your own island. You’ll constantly need to turn to others to solve problems, find needed resources, delegate tasks and seek input. When you’ve cultivated a network, it’s much easier to accomplish all these things.

Of course, these are not the only things female project managers urgently need to know; but these are some of top things that tend to take women by surprise when they are new to project management. The sooner you wrap your head around these 6 things, the better the outcome will be for the projects you’ll manage in the course of your career.

Disclaimer: The views and opinions of guest contributors are not necessarily those of theglasshammer.com

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Voice of Experience: Susan Brown, Wells Fargo Advisors

Susan BrownSusan Brown keeps a quote from Marianne Williamson on her desk that says, “There is nothing enlightened about shrinking so that other people won’t feel insecure around you…. As we let our own light shine, we unconsciously give other people permission to do the same.”

Those words, which have helped Brown grow her team and business at Wells Fargo Advisors (WFA), remind her that women must be bolder than they might have been conditioned and pass it on to others.  “We need to learn our own value and expertise—and speak to ourselves just like our best friend would,” she advises.

Building Her Business, Helping Others Build Their Wealth

As Brown puts it, she “fell” into the career she loves 35 years ago, when she was working in Hilton Head, S.C., and married a manager at her current company, which meant she ultimately had to find another job. At her side gig teaching aerobics, a class member suggested she interview at Prudential Securities—where she was quickly hired.From there, Brown transferred to Charlotte, N.C., as a client associate for the firm. Her next move was to transition to a financial advisor role, where she spent eight years in a positive mentoring relationship with a senior financial advisor. Prudential Securities was acquired by Wachovia Securities and then Wells Fargo Advisors—where Brown is now a financial advisor, managing a $170 million-AUM practice. She’s proud to oversee an all-female, multi-generational team of four, which includes her partner, Karen Shane, once Brown’s client associate. Both participated in Wells Fargo Advisors’ DELTA Program, an intensive coaching and consulting process based on proven business development and practice management strategies—and realized how well they work together.

In addition to building and developing her team, Brown acknowledges her proudest professional achievement as being able to keep 100 percent of her clients in the market during the 2008 collapse. “There are only so many ways to tell people to hang in there, but they listened, and I’m pleased to say that they were all able to recover.”

Brown’s team remains focused on its mantra of “women helping women,” and is working to attract additional female corporate executives as clients. “This is what we’re passionate about, and we’ve had proven success in this space over the years,” she says.

A Program that Helps Women Grow

Brown advises women to be patient with themselves as they hone their skills, something that she feels is reinforced through Wells Fargo Advisors’ Next Generation Talent Program—of which she encouraged Shane to participate as she progressed from client associate to financial advisor.

The innovative program, which includes training and mentoring as well as a salary throughout the program before transitioning to base plus commission, has an 80 percent success rate. In contrast, Wall Street’s traditional sink-or-swim training programs garner only about a 20 percent success rate. “Being a client associate used to be a place where you got stuck,” Brown says.  “However, WFA’s program provided Karen with the training, support and development to become a financial advisor—and I gained a partner and an eventual successor for my practice in the process.”

It’s also a win for the firm, as the program yields confident and educated advisors for the next generation, as well as clients who will be served by them. Brown hadn’t realized her clients were worried about her eventual retirement until she introduced her new, younger partner, and they expressed their relief in knowing there was a great succession plan in place.

“My clients’ concern about my succession plan is simply because the relationships we’ve built are so personal—some of them already stretching to a fourth generation,” she says. “We understand their challenges and family dynamics and these deep relationships are invaluable.” In fact, she finds that her work and social life are almost inextricable. “If you love what you do, it doesn’t feel like work,” she says, adding that most of her travel and exercise groups include many of her clients.

She is also imparting the importance of relationship-building to her 28-year-old daughter, Anna Berger, who joined her team four years ago. Anna graduated from the University of South Carolina with degrees in finance and marketing and had started her career in New York, when she told her mom she wanted to move back to Charlotte. Anna has her Chartered Retirement Planning Counselor designation and focuses on client review preparation, trading, social media and other duties but has plans to participate in WFA’s Next Generation Talent Program, as well. In 2017, Kelly Walker joined Brown’s team as a practice manager and handles scheduling appointments, managing the team calendar as well as coordinating client events.  She is also working on obtaining her securities licenses.  “Kelly is extraordinary at running the team and making sure everyone is executing on a daily basis. She’s a star,” adds Brown.

“I was taught that I’d be recognized for hard work and merit, yet I’m telling my daughter that while hard work is important—it’s not enough. I tell her that she has to be bold and go after what she wants because no one is going to just serve it to her,” says Brown. “However, I believe that if you’re passionate about your career, like I am, everything else will naturally fall into place.”

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Voice of Experience: Sarah McLean, Partner, Shearman & Sterling

Sarah McLeanAsking questions is one of the best ways to grow both personally and professionally, finds Shearman & Sterling’s Sarah McLean.

“I wish I had known when I was first starting out that most people don’t mind when you ask them questions about their work or request feedback on your work — and the more direct the question, the better,” she notes. “Specific questions lead to better discussion and ultimately lead to better information for you.”

An Early Pivot Leads to a Rewarding Career

With an undergraduate degree in biochemistry and molecular biology, Sarah assumed she would become a research scientist or go to medical school. But in her last year of college she took a business law class that intrigued her with how problems and solutions are presented so differently than in science. That, coupled with the three years of research she had been doing on the pea aphid genome, led her to decide to pursue law school rather than research.

Her first job out of law school was with a Texas-based firm where she initially practiced health law — at the time still considering medical school—but ultimately didn’t find it challenging and switched to oil and gas private equity. She practiced with the same firm for almost 20 years, in both Houston and Austin, along the way closing more mergers and acquisitions deals than any other lawyer in Texas in 2017, according to the records of The Texas Lawbook. She then started thinking about making a change, to find a new challenge that would energize and excite her. She moved to Shearman & Sterling in April 2018, where she currently practices private equity and oil and gas upstream and midstream mergers and acquisitions.

Building the Business One Relationship at a Time

While Sarah is currently working on a number of complicated, interesting deals and transactions, what she’s most excited about is her role in business development—going out to see clients and contacts and introducing them to Shearman & Sterling. “We’ve put together an impressive team of oil and gas deal lawyers in Austin and Houston, and it has been great to get out of the office and talk to people,” she says.

She’s built an impressive array of contacts over the years, primarily because she figured out soon after starting her career that every person you meet is a potential future business contact. “I realized that reaching out to people you’ve met through business deals is a great way to grow your network of contacts, and the newer associates working on your early deals will be decision makers in 10 years,” Sarah says. “Developing long-standing relationships helps tremendously when you are asking for referrals and work.”

She often tells young women that an important trait to help build fulfilling relationships is getting over any shyness. “I was always hesitant to reach out to contacts for lunch or coffee because I thought they would be too busy or they wouldn’t really want to get together with me or a hundred other excuses. But ultimately I’ve learned that most people do want to form relationships and do have time for a quick check-in meeting,” she says. And, furthermore, even if they don’t have time or want to meet, they won’t be rude about it. “They just don’t respond, and someone not responding is not tragic or embarrassing at all,” she points out.

Taking Charge of Your Own Career

Sarah advises her peers of the value of sticking together and supporting one other, along with taking the time to nurture as many younger women as possible. She urges those in a position of authority or power in an organization to use it to dispel stereotypes and promote diversity.

While she recommends young women find good mentors and sponsors, she makes clear that often you have to make your own opportunities, rather than relying on them coming to you. “This means getting out of your office, meeting people and looking for ways to make yourself more valuable to your firm or company,” she says.

Women especially need to spearhead their own careers, because in her experience big law firms, along with the specialties of private equity and oil and gas, are male-dominated industries, which can offer some barriers.

One barrier in big law firms is what she terms “compassionate discrimination,” which manifests itself like, “I know Sarah is busy so I’m not going to include her on this pitch for new work because she has kids, and I don’t want her to have too much on her plate.” She found that this happened on a number of occasions, including client pitches where the client specifically asked for her. “I felt that men were making decisions about my career, my availability and my workload without even asking me, and this would not have been the case if I were a man.”

Despite this devotion to her career, Sarah seeks a balance with her personal life. As a mother of four children, ages 5 to 15, she spends much of her time participating in their activities or just hanging out with them. One thing she is especially proud of is all the volunteer work they do together. Sarah and her family are active with Generation Serve, an Austin-based family volunteering organization whose goal is to develop kids into community-minded leaders. This past April, they received the Wally Pilcher Family Volunteering Award for their work with the organization. She and her daughters are part of the National Charity League, and they also work directly with Austin Pets Alive.

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Important Conversations at Work: Improving Communication Across Differences

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Guest contributed by Katherine Giscombe

At this contentious time in the United States, the rights of all women are under fire.

In spite of movements against sexual harassment that are gaining in popularity and support, such as #MeToo and TimesUp, there are factions within the country including lawmakers who actively oppose equal, fair and just treatment for women. And there has been an uptick in violence and harassment directed against racial minority groups, which have been condoned, and even spurred, by those in high political offices.

Boundaries between our work and personal lives continue to blur given the increasingly 24-hour a day expectations of employers, greater levels of virtual work, and increased workloads across industries. It becomes more difficult, over time, to not bring concerns about our lives outside of work into the workplace. The context of our lives affects our well-being and experiences at work, as shown in Catalyst’s research on the Emotional Tax, which demonstrates that a majority of women and men across racial/ethnic minority groups report feeling vigilant or on guard in the workplace, constantly preparing for the potential to deal with bias, discrimination, or exclusion.

It is vital for employees and associates to be able to engage with each other in a healthy manner, and develop mutual understanding even when they do not share similar backgrounds or experiences. Further, in the workplace, as research on career progression has shown, it is essential to develop relationships with allies and potential sponsors who can help progress one’s career. But doing so can be difficult among those from different backgrounds.

Catalyst has developed methods for reaching across differences to form meaningful connections at a personal level. It starts with understanding how communication among employees and associates can improve, and providing tactics to do so. In summary, reluctance to engaging across differences can fall into three major themes:

  • There isn’t a problem (attitudes about whether issues of gender, race, and ethnicity warrant concern)
  • There’s no benefit to talking (judgments about whether it’s worth the effort to discuss these issues)
  • There will be negative consequences to my actions (experiences that influence whether someone speaks up or remains silent).

Those who feel that there is not a problem may assume that race or gender differences don’t matter, because they believe they view women and men equally, and have no racial prejudice. A way to move beyond these beliefs is to ask one’s colleagues (of a diversity of genders and race/ethnicity groups) if they have ever experienced or witnessed biased behavior, and probe on what it looked like, what was verbally communicated. Further, they can ask whether colleagues of a different racial, ethnic, or cultural background feel that the workplace respects their identity and experiences.

Those who believe there is no benefit in talking may feel that race and ethnicity are not relevant in certain places, or that talking about our differences can only further divide us. Catalyst recommends asking colleagues a number of questions, including identifying times when discussing any type of difference has led to a positive outcome. Another suggestion is to identify “off-limits” issues— then discuss how not talking about these issues can derail inclusion.

Finally, the fear that there will be negative consequences to my actions is sometimes grounded in the fear of being labeled as overly sensitive, or the belief that it is not safe to speak up in the workplace. In these cases, Catalyst recommends that an employee ask a colleague for help in providing honest, constructive feedback, especially in cases where the employee uses words that are hurtful or offensive. Other advice includes asking a team member who has been silent during a meeting if he or she would like to contribute a different perspective.

In Catalyst’s workshops and consulting engagements, we sometimes use “ice breaker” exercises that build rapport across differences. One such example is a “pair share” in which each member of the pair names three identity groups he or she belongs to, including two visible elements of difference, and one invisible. Each person then takes turns sharing aspects of their identities. When sharing one’s identities, the speaker practices demonstrating vulnerability and self-disclosure. The listener, in turn, practices suspending judgment and inquiring across difference.

Going beyond building interpersonal connections at work, employees and associates can also co-create structures at work that encourage inclusion. This might entail forming an employee or associate resource group (ERG) for all women in the organization, that focuses on the many needs encompassed by women. In working with Catalyst’s supporter organizations, we sometimes see that women of color prefer to join an ERG that represents their racial/ethnic group, rather than the women’s groups. A good way to form alliances to get more done for all women would be for a women’s ERG to ensure that its officers represent a diversity of women within the company, and also represent the interests of a diversity of women.

Reaching across differences to form meaningful and robust working relationships can enhance our personal and professional lives, and provide a fortification of support during fraught times.

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Dare to Dream! What Job Would You Do if You Won the Lottery?

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By Nicki Gilmour, Executve Coach and Organizational Psychologist

Upon winning the lottery, some people might stop working.

Others would take the opportunity to work in their dream job. What is your dream job? If you do not know the answer, let us have some fun while summer is still here to dare to dream because you might just find some answers for real life by letting your mind run wild.

Let’s start with 3 questions to stimulate the process:

1. What makes you tick? ( there are many tests to take- for example, the Hogan personality instrument helps you understand you behaviors based on your personality and work environment, Myers Briggs, Firo-B etc). Do you need recognition? Is it about power for you? How high is your altruism markers? Are you hedonistic and want to have ping pong and happy hours? How social are you? Do you need to achieve at all costs?

2. How do you prefer to learn? if you are going to do a new thing, how would you like to approach it? Will you jump in and learn by doing? Or would you prefer to have time to studying?

3. What are your absolute bottom lines and how did you get to them? If you had teams of support people, would you choose to outsource child care or would you outsource work? How do you want to spend your time?

Have some fun here. Write it down, draw pictures, do a vision board, whatever works for you!

What comes out of this simple exercise for you?

If you want to work with an executive coach on this and and then the advanced exercises that will take you to the next level at work or even your next job, contact nicki@theglasshammer.com

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Denise Wyllie, Partner, Goldman Sachs

Denise WyllieWhen Denise Wyllie joined the financial services industry, it was even more heavily male-dominated, but she believes progress has been made.

“When I initially joined the sector, there were very few women in leadership positions,” she says, but notes this did not hold her back from achieving her goals.

“As women strive to become more senior, they need to embrace their career and remember they would not be in their current role if they were not good at their job, and they also need to trust the process.” She adds that success in many ways is more an attitude than a skill. “You have to embrace your role with 100 percent energy, passion and commitment – take risks and if they don’t pan out then try something new.”

Wyllie also notes, “You also have to accept that you can’t have it all, all of the time, therefore at points in your career something may have to give – that’s ok but make sure it’s your decision.”

Advancing Her Career by Approaching Challenges Head On

As a “STEM student” before it became a common acronym, Wyllie studied biochemistry at university. While she initially considered a career in the sciences, she decided eventually to pursue a business career. Her first role was as a graduate trainee at the largest brewing company in the UK – the first female ever hired to train as a brewer and production engineer. In this role, she was able to leverage her biochemical degree and received fantastic managerial training, overseeing an all-male team on the brewing production line.

After nearly three years in this role, Wyllie decided she wanted to pursue a new challenge. She scoured the Sunday Times’ career section and was intrigued by an ad for Citibank in London, searching for people with engineering or manufacturing backgrounds to work in their Foreign Exchange & Treasury Division. Wyllie went on to work at Citi in a number of management and project roles across Europe for four years. She ultimately joined Goldman Sachs after she was recruited by a former coworker.

Wyllie spent the majority of the past 24 years in operational roles in commodities, derivatives, and as co-COO of the global Operations Division, with specific responsibility for Europe, India and Asia Pacific. In 2016, she transferred to Hong Kong, where she now serves as head of the Federation for Asia Pacific, operating as the COO for the region. In this role, she supports all of the firm’s business activities across the region, which she calls “massively exciting,” due to daily challenges and curveballs.

However, what she finds most thrilling is the opportunity for Goldman Sachs and the broader finance industry to potentially expand in China in the coming years. “Although it can be frustrating that markets aren’t opening up more quickly, we are on the cusp, and long after I’m retired I’ll look back and see the impact my team and I had to help move the firm forward,” she says.

In fact, building her team is one of the professional achievements Wyllie is most proud of – along with becoming one of Goldman Sachs’ female partners.

She notes that observing the number of people she’s hired and mentored, who have grown from analyst to Managing Director and even Partner, is extremely rewarding. “When I see my team flourish personally and professionally, it is very gratifying to think that I may have had a bit of an impact on them along the way.”

Balancing Outside Interests: 72 Countries & Counting

Wyllie is proud to be involved with Goldman Sachs’ affinity networks, including those serving women, military members and the LGBT community. She also is currently working with colleagues in London on “Music in Mind,” a charity that uses music to help promote wellbeing in people with Alzheimer’s as well as provide support for family members taking care of those with the disease. She has also worked closely with Opportunity International, which provides small loans predominantly to entrepreneurs in Africa, with the aim of pulling them out of poverty.

Wyllie is a firm believer in the importance of taking every vacation day you’re given to maintain both mental and physical health, as it will allow you to enjoy your job more as well as give you sustainability and longevity to your career. “As much as we love our careers, we all need a break!” She encourages others to “take advantage of down time to reflect on your career and your business. Often, it’s only when you have some time off that you really have ‘space’ to think.”

She also loves to travel, having visited an impressive 72 countries. Her favorite sojourns include going on safari – either Africa or India – to see wildlife. She also visits the UK frequently to see friends and family, and she stays active by going to the gym regularly and loves weight lifting as well as skiing, scuba diving and horse riding.

By Cathie Ericson

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4 ways to know it’s time to ask for more from your job

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Woman-on-a-ladder-searching

Guest Contributed by Deepa Ramaraj

According to a recent US census, only 19% of women executives reach the highest ranks of business.

The same census showed that the fastest growing demographic of business owners in the USA today are women-owned businesses.

Before you leave your corporate job, ask yourself questions about your aptitudes, aspirations and what really drives you to succeed? The below questions may help you to be better equipped to know if now is the time to ask for more from your job and may give you more clarity about what direction you could consider taking.

1. What will my life be like in 5 years if I keep this job?

If you were promoted, what is the level of responsibility and what are the daily tasks of this new position? Is this something that you are willing to take on? Is the level of salary increase over the next 5 years in this position something that you are excited about receiving or is it lacklustre? According to 2018 forecasts, most executive positions can only expect a 3% salary increase, barely keeping up with cost of living. Is working in this job creating difficulties in any other area of your life? Personally? Physically? Relationships? Health? Mental Health? Note down what impressions that you have about keeping this job in all of these factors.

2. What will my life be like in 5 years if I don’t keep this job?

What if you could decide for yourself what your life will be like if you don’t keep this current job? What are the other opportunities for employment? What marketplace demand is there for your skills and what salaries are being offered to seasoned entrants? What is your value proposition as a candidate, how will you shine? Could you choose to take time off right now or choose a different path?

3. What do I love about this job?

Challenge yourself to write 25 things that you actually love about the job that you are in. The 80/20 rule could be applied to your work. If 80% of your job is taken up with things that you enjoy and feel masterful about and only 20% of your job is not, then you are probably in a sustainable career for you. If it is the opposite, it may be time to consider a change. What else is possible for you to love about this job that isn’t obvious at the moment? Sometimes we get bogged down and don’t actually ask for the job to be enjoyable.

4. Is now the time to change?

Jumping back to fantasizing about winning a lottery or having an astonishing inheritance come in so you can retire from working altogether, which of course would be wonderful, realistically is now the time to actually ask for more from your job? What are you aware of politically from the company structure? Could you be promoted? Could you ask for more responsibility and get a pay raise or more benefits that would add to your life?

What if it’s possible to ignite a fire under your current job and develop it into something more profitable, something that you are excited to arrive at every morning? Asking and answering the above questions will start to point at possible changes that you can make to your job and your life, to increase the level of satisfaction and joy. Yes, it is possible to have both satisfaction and joy at work and settling for anything less is just that.

About the author

Deepa Ramaraj is a Computer Science Engineer turned Health and Wealth Educator, as well as a Right Riches for You facilitator, a specialty program from Access Consciousness. Deepa facilitates workshops for corporate companies to boost sales, to dissolve interpersonal or inter-departmental challenges and to transform the way business is done. These workshops are totally unconventional in approach. She also conducts workshops for individuals about how to receive more money, reduce stress, have better relationships, improve health and upskill as a parent.

Disclaimer: The opinions and advice of guest contributors are not necessarily those of theglasshammer.com

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3 Easy Ways to Know What Job You Want to Do Next

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By Nicki Gilmour, Executive Coach and Organizational Psychologist

Staying in the job, after the love has gone?

We have all done it, we have all stayed in a position at work that just did not excite us anymore on any level. The reasons that keep us there can vary but more often than not, it is a combination of wanting the security/ money and not believing that there is a better situation out there for us. Confidence, or lack of it for people who have never had a confidence issue before, can be very daunting.

It is normal to ask yourself, ‘But what would i do?’

The answer to that question is very personal and individual but in broad strokes my bet is that you could do a range of things inside or outside of your current firm and even industry.

Isn’t it time to do what you want to do? I mean, you probably have more skills than you give yourself credit for and probably most of them are entirely transferable.

Here are 3 steps to get closer to your ideal job.

1. Make a list of what you like doing
2. Then make a list of what you do not like doing
3. Make a list of the tasks you would be doing in a more ideal situation 12 months from now.

I am mentioning tasks, because often we talk about roles or responsibilities instead of tasks. Roles like, I want to manage people doesn’t actually define what is your task or the tasks they are doing that you will be responsible for, so go granular in this exercise.

What comes out of this simple exercise for you?

If you want to work with an executive coach on this and and then the advanced exercises that will take you to your next job, contact nicki@theglasshammer.com

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